Valeura Energy Inc T.VLE

$200 Million CAD in Cash ?

[nozzpack]

Let's go to the documentation .

$12 million US after tax per month for 7 months as documented for the 7 month dual ownership with Mubby.....$84 million US

$16.5 million US in cash at exit 2022.

$24 million US after tax for April.

Equity Raise of $7,5 million US

Bought back 15% equity of its SPV.......about $20 million USD

Total potential cash ................Approx $150 million in USD at exit April.

Thats $200 million in $CAD

Less $25 million in sustaining capex.

So, about $175 million or about $1.75 per share and no debt

[firstworld]

Sholdnt be any tax with all the tax cedits regardless SG speaks USD and said $30M mth free cashflow thats $210M or CAD Peso 285M. Persoanlly i expect they got fatahed on closing this the emergem y raises and dilutions so even of they have $10M its a pleasnt suprise.

[cyber37]

I wonder how much CAD $$285 would be in russian rubble? G37

[SMlachake]

They could be even asking 'where is the 500M'  Setting arbitrary goals now that bashing the deal as false or too good to be true is a strategy past due date. The fact of the matter is, if this company comes back with 100m cash in bank, it's a huge reap forward, $1 per share in half year of asset ownership, having started payments for drilling programs and paid for restarting

[goldwatch69]

Basically a million a day CAD pretax cash flow ... 1.133 to be precise at 20,000 bopd,  US$85 and 75 cents exchange.  Close to CA$400 million pretax annual cash flow or about CA$200 million FFO ... $2 a share.  At 25,000 bopd planned production, add 25%.  CA$5 a share pretax or CA$2.50 after tax assuming no tax losses applied.  Net sales from Sep to Feb posted at Twitter

[firstworld]

They need to learn how to get a shipped attached to a bouey first, and how to respect the law and SH by releasing material info when it occurs. overall based on the two emergency raises %10M each, late delivery and failed storage vessel mobilization due to accident, reschedule AGM call, and now failure to release material info on closing "economic benefit" looks like a slip shod

[traderlong2]

Hey Nozz dont need to add cash for the SPV they were given 9 million shares in lou of so no cash out lay of 20 million in your numbers And for all the nay sayers I am happy if they picked up 25-50 million on closing remembering they paid 10 million cash for this deal regardless of the amounts brilliant deal by SG ! FW pushing the 200 million creating expectations so if its 50 million he thinks

[firstworld]

LOL mathnis hard...SG speaking USd " 30M mth free cash flow" X 7 = 210M. Still holding all last mths shares got in low 2 range haha.

[traderlong2]

If there is anywhere close to 200 million  this will explode 10 million purchase and 200 cash in return plus the assets wow thats a deal Guidance comes out at 25000 bpd The Reserves coming out should be incredible wassana gets turned on whats the share price if all of the above happens ? glta

[firstworld]

If Q4 2018 - Q1 2018 SP increase on gas and water oresence in Thrace is any indicator SP should hit 12.  Sadly, these guys have missed so many deliverable targets and quesrionable disclosure compliance so it kills SP. They need the leave exploratikn to SG and team and bring in professional corp mgrs....no time for amateurs learning how to run public co.